Friendly fraud is allowed to sue in court. The beauty of know your customer.
https://www.pacsun.com/ accepts regular payments options, PayPal and also has BitPay. What's the proof? What's your point?
You have a breakdown of revenue per payment option?
https://rtfkt.com/ became a useless site? 2 forging events 6 months ago? Acqui hire for their AR experience? Who knows.
No take-over price is included. It really says nothing on it's own. They sold virtual sneakers for 10 k. $ per pop, with a total of 621 pairs. Sure, that's 'normal e-commerce', even the price on it's own is 1910 times the median crypto wallet in the US. And to be honest, that's a pretty low sales volume.
I think I have plenty of e-commerce experience ;). The % of crypto interest for selling/buying goods is neglectable to zero for online shops.
The median amount of money in crypto in the US is 191 $. So "the new generation" you're talking about is really poor or just using it as a shot to the moon. Whatever you think is appropriate.
Research that almost no one uses their crypto's: https://archive.is/e5cua ( 2019 ) - if you want to defy this. Just give me newer research, i couldn't find any.
Latest report i could find for Coinbase Commerce ( 2020 ): 200 million $ in processed transactions in 2 years.
> Friendly fraud is allowed to sue in court. The beauty of know your customer.
So cryptocurrency merchants like Coinbase Commerce, BitPay have no KYC checks either?
> What's the proof? What's your point?
Forgotten?
>>> Many ecoms added support in 2017 and removed that functionality again.
>> That's why a vendor won't pick crypto when the goal is selling products as in e-commerce.
So Pacsun is not e-commerce and they are not accepting cryptocurrencies? Why have they (and many others) added it then, even after 2017?
> became a useless site?...
Useless to who? Nike? So the interest is not there and it is still not 'e-commerce' because it isn't 'normal' e-commerce somehow? Oh dear. Maybe Ebay in 1995 is not normal 'e-commerce' because of the purchase price of the bids of limited edition goods.
> I think I have plenty of e-commerce experience ;)
If you did, you wouldn't need to try denying and narrowing your complaints or making absolute comments of 'what you really meant' because someone said use Bitcoin Cash? After every example given, Why change and continue to narrow the definitions of 'e-commerce' in the first place? Then make an absurd correlation between the price of Bitcoin in 2017 vs the price of a stablecoin in which that already addressed your outdated complaints.
Is that why you continue to deny the existence of cryptocurrency payments after 2017 by 'never looking back' but only reading single datapoints and headlines you agree with?
> And please. If you want to refer articles, refer articles where crypto payments were used and researched.
And why would I use that source if the study of users is limited to a single country for you to make the case that 'no-one uses their crypto' globally? You have done the same mistake with all your sources and estimates, thus making your complaint(s) beyond invalid.
So you are telling me the overall trend and interest is going down, and the merchant such as the OP still cannot accept USDC and I cannot do this right now since you said 'nothing has changed'? Are you still stuck in 2017 or are you prolonging your appeal to ignorance?
As multiple times already. I'm saying that e-commerce interest for crypto sad payment option is almost zero compared with other payment options.
I've shown you multiple sources with stats.
You've come up with limited edition virtual goods ( collectibles) and fan based investing which I've already stated is the only thing hodlers would spend there money on ( = 'investing', ugh).
The latest stats found are from 2020, not 2017. You've shown none.
No one in real life cares about crypto payments, because the 20 procent that have a median amount of 191$ did it as a bet/investment.
The US is one of the richest countries where people would buy things with crypto, you haven't given a better country.
Nobody cares in rl cares. Come on with real stats or proof. Then I could consider it for my e-commerce clients where there is 0% interest in crypto ( yes, outside of the US).
Perhaps you are living in 2017 where there was a hype and it went away. It's 2017 all over, but now because of a pandemic..
Note: digital currencies from countries is not what i consider any of the current solutions too. It will be a unrelated coin to the current existing ones.
> You're just reliving the past without acknowledging the end-result.
So that means 'this time' you know exactly what happens after this 'useless FOMO going on' crashes again? So Stripe, Coinbase, Shopify, BitPay, Circle.com are getting into something with low interest in the future because you rushed to Google Trends since you don't have any definitive sources on stablecoins, only Bitcoin? I never mentioned or argued for payments using Bitcoin in the first place and still no-one here has definitive and extensive sources on this for payments with stablecoins as it is extremely early and given the absence of clearer regulations on this as already admitted by you: [0]
'A lot of it is still going to uncharted territory.' [0]
> Note: digital currencies from countries is not what i consider any of the current solutions too. It will be a unrelated coin to the current existing ones.
And what is this 'unrelated coin to the current existing ones' you are mentioning? Do you have sources of its properties or are you speculating like everyone else?
It is another way of saying 'It may or may not be a stablecoin' So no-one knows until the regulations around this are clearer.
The unrelated coin is one that is created by the countries themselves, there are currently 10 k. Coins, it would be naive to think that a country would adopt an existing coin since it's easy to create.
Just read the news, none of them are adopting an existing one... It's also a minimal effort to look it up, if you bothered.
Companies already implemented and removed it before. Bitpay, circle, coinbase is directly correlated to crypto. The other ones have like a 4 person team on it. It's a neglectible effort for the "what if" case. ( Eg. Stripe had > 4 k. Employees and 4-5 people working on crypto)
But i understand, you don't have any resources to show that anyone actually cares outside of the FOMO.
Note: if you consider El Salvador that tweets "bought the dip" every month as a serious comparison to the real world, that's pretty silly. They wanted the first movers advantage, let's see how that plays out in reality.
A long way of saying they are developing their own CBDCs, which again we both know it would be extremely silly to run a Google Trends search and comparison on 'CBDCs' against Bitcoin for something that is also too early, recently launched or still in development to draw definitive conclusions due to the trialing, regulations and uncertainty in all of these projects. (Even already admitted by you.)
So once again, it is too early for both and as this whole thread has revealed, no-one has worldwide substantiative data on this (yet).
> Microsoft credited industry changes and declined interest in the product as the main reasons for discontinuing the marketing of Azure Blockchain.
Dropping your home grown solution and partnering with a dedicated and better one means 'blockchain' in general has failed? So the partner, Consensys (Who is also part of a CBDC technology group in Asia and Europe) has closed down their blockchain offerings too and their customers can't run it on Azure either?
> But i understand, you don't have any resources to show that anyone actually cares outside of the FOMO.
Everyone in this thread has admitted and proven that no-one has definitive and extensive sources on payments with stablecoins or even CBDCs as both are too early, still developing / planning or they are still trialling it? I never brought up or mentioned anything about Bitcoin in this whole thread, yet you cannot and will not ignore it. Everyone is waiting for regulations in all of this.
> Note: if you consider El Salvador that tweets "bought the dip" every month as a serious comparison to the real world, that's pretty silly.
Did I argue that, mention or make a comparison towards El Salvador's Bitcoin buying problem anywhere?
https://www.pacsun.com/ accepts regular payments options, PayPal and also has BitPay. What's the proof? What's your point?
You have a breakdown of revenue per payment option?
https://rtfkt.com/ became a useless site? 2 forging events 6 months ago? Acqui hire for their AR experience? Who knows.
No take-over price is included. It really says nothing on it's own. They sold virtual sneakers for 10 k. $ per pop, with a total of 621 pairs. Sure, that's 'normal e-commerce', even the price on it's own is 1910 times the median crypto wallet in the US. And to be honest, that's a pretty low sales volume.
I think I have plenty of e-commerce experience ;). The % of crypto interest for selling/buying goods is neglectable to zero for online shops.
The median amount of money in crypto in the US is 191 $. So "the new generation" you're talking about is really poor or just using it as a shot to the moon. Whatever you think is appropriate.
Facts:
Here a breakdown from square, the only one that left crypto as payment option for a long term and enabling crypto trading, so should even be skewing stats in crypto & square's favor: https://www.fool.com/investing/2021/05/13/heres-how-much-squ...
https://www.pymnts.com/cryptocurrency/2021/united-wholesale-...
> “There was not enough demand at the end of the day to really push the envelope too hard,”
> Although people indicated support for crypto and “said it was cool,” it wasn’t a decision-making factor, Ishbia added.
And please. If you want to refer articles, refer articles where crypto payments were used and researched. Not a opinionated user survey under existing coin holders like: https://cointelegraph.com/news/new-study-reveals-high-demand...
Research that almost no one uses their crypto's: https://archive.is/e5cua ( 2019 ) - if you want to defy this. Just give me newer research, i couldn't find any.
Latest report i could find for Coinbase Commerce ( 2020 ): 200 million $ in processed transactions in 2 years.
https://www.crowdfundinsider.com/2020/03/159450-coinbase-com...